Following a three-day downturn, the luster of gold has made a comeback, witnessing a price surge of Rs. 500 per tola today. The Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA) reports that fine gold is now valued at Rs. 118,000 per tola. This marks a Rs. 500 increase from yesterday’s trading price of Rs. 117,500 per tola.
Similarly, Tejabi gold is currently priced at Rs. 117,450 per tola, reflecting a Rs. 500 rise compared to yesterday’s rate of Rs. 116,950 per tola.
In addition to the gold price movements, silver has also seen an uptick, rising by Rs. 5 per tola. The current market rate for silver stands at Rs. 1,395 per tola, a notable increase from the previous day’s closing rate of Rs. 1,390 per tola.
Highlights:
- Significant Drop in Gold Prices and Silver Follows Suit in Nepal’s Domestic Market
- Gold Surges by Rs. 600/Tola, Silver Up by Rs. 35
- Gold Prices in Nepal Experience Decline of Rs. 1,300 per Tola, Reflecting Global Market Trends
- Gold Prices in Nepal Experience a Dip: Rs. 1,000 Decrease per Tola, Silver Follows Suit with a Rs. 20 Fall
- Gold Prices Dip in Nepal: Decline of Rs. 2,700 per Tola